I support Runescape Bank Bidding

Similar to police auctions where stolen items are sold to the public, or Storage Wars where abandoned rs items in storage are auctioned off but you may not know what you are getting, I think bank Bidding could be a fun thing to add to the game.

I've seen a lot of threads against Bank Bidding, with some legitimate concerns, however I think those concerns will be gone if you understand how Bank Bidding could work.

I will address some of these concerns and explain why you needn't worry.

1) Bringing botted rs items into the game would upset the economy, especially for rare discontinued items.

It is possible the rare discontinueds market might see some volatility for a while, however this would stabilize after a short time, and could be an opportunity for players who buy and sell rares to profit. Those who own rares and had no intention of selling would not be effected since they were not going to sell their runescape items anyway. Those who are holding rares waiting for them to rise may see a short term dip in prices, but the prices are likely to recover after a short time, and this may increase trades in rares giving more buying and selling opportunities. In short, unless you intended to sell a rare right away, this should not be a problem, and in fact you might get some cheaper and increase your wealth long term. Fluctuations in discontinued prices have happened many times in the past, and no one lost bank unless they panic sold.

As to it bringing a lot of illegitimate rs gold and items into the game, no it won't.

1a) The items are already in game and are a small portion of what exists across all accounts, the items won't effect the economy much at all.

1b) The GP bid on accounts will result in a runescape gold sink, removing runescape gold from the game as most players will likely overbid, getting less they what they paid, so this could actually remove rs gold from the economy over all. Yes some will get more than they paid, that is the fun of it.

2) Botters and RWTers will have an advantage.

They will know what is on an account because of the name. They know how much wealth the average banned account carries so would have an advantage in knowing how much to bid.

2a) The names of accounts will be hidden to all players, so no one will know the name of the accounts they are bidding on. They may know the stats but not much else.

2b) Cheaters know the average wealth on a banned account.

No they really don't. They know what is on the accounts they had, not what is on other accounts with similar stats. Even if they do have a small idea of the wealth likely to be on accounts, other players would quickly learn these values in a short while evening the playing field. Also, stats on an account or what they are wearing is not an accurate indication or predictor of wealth based on past bot ban livestreams. An runescape account with decent armour could have buckets and burnt fish in their bank, while a level 3 character could have 800M GP on their account, you just never know.

2c) The cheaters will just bid on lots of accounts.

Good let them, more GP removed from the game.

3) The rich will have an advantage, and grow richer.

3a) First off, the rich are going to grow richer anyway because they know how to handle money, and the poor will grow poorer because they don't know how to handle money. The rich invest, the poor spend. That is just how it is. If you can teach the poor how to invest and not spend beyond their means they can grow richer too. So that is no excuse not to have bank bidding.

3b) If bidding is done, the rich may have an advantage, but this does not stop the poor from bidding and potentially winning or losing too. However, there was another option of raffles mentioned, so the rich would not have an advantage, everyone would pay a little and hope to win, guaranteeing a money sink. If I had my choice, I would prefer bidding over a raffle, though a raffle might be a better money sink.

Botters and RWTers could start making their acounts have purple hair and the lightest skin and a green top and yellow pants to know what accounts to bid on.

And Jagex could make all the rs accounts have a generic appearance so no one could tell what account they were bidding on based on looks.

Things which should be hidden on an account up for auction or raffle:

Account name.

Runescape Account base appearance, hair color, and what they look like with no armour on.

I hope I have addressed some concerns, and I think Bank Bidding would be a fun addition to the game.

Its a way some players who never got the chance could get a party hat or other discontinueds rarely who never got a chance before, and a fun way to offer investment with risk to the game.

Some may see an auction as gambling, but wise investors will learn how much to bid over time to make a profit more often than not, so it is not as risky as pure gambling because knowledge and experience will teach players how much to bid if it is an auction.

If it is a raffle, it will be a decent money sink and more of a gamble, so I personally prefer the auction where you can bid based on your knowledge, but either way a money sink could be good for the game.

I am confident Bank Bidding will not flood the market with more goods and GP than already exists, and I believe it would be fun to bid on bank rs accounts.

I hope this makes it into the game.

Related News

18
Sep

I just returned to RS again for the millionth time

The rest of the updates are bringing our once united Runescape, that we all loved just how it was, into little segments and variations of games.

Legacy Mode lock

I would like to thank Jagex tremendously for finally allowing the God Banners to be keepsaked

I would like to thank Jagex tremendously for finally allowing the God Banners to be keepsaked. I wanted that for a very specific reason, because it fitted perfectly with the Golden Warpriest Armour that I received in 2014

Hot Products

Rsgoldhub Top News

18
Dec

MU Legend Rift Guides for newbies

Rifts exist in numerous places across MU Legend and are very unstable.Once you enter one via a portal, you'll be teleported to an unknown place.Each time you enter the Rift, the map will be determined at random.In other words, even if you enter the exact same Rift portal greater than as soon as, it is possible to play on a various map every time.